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As the only one of the top five cryptocurrencies to have appreciated in the last 24 hours, you could say that Bitcoin is the cool kid at the party (again). It is fast approaching our Bitcoin price forecast.

Many of them are rotating funds from altcoins to Bitcoin. This could either be an attempt to capitalize on soaring BTC prices or else voice support for Bitcoin Classic ahead of the hard fork. Or perhaps it’s both—they aren’t mutually exclusive, after all.

For those who may not be familiar with the Bitcoin hard fork, it is an attempt by renegade Bitcoin developers to protest upgrades to the blockchain. There was a similar attempt at the start of August, which some of you.

On Monday, Ripple prices traded as high as $0.278758 before an intra-cryptocurrency rotation diverted the momentum towards Bitcoin. The result was an 11.36% depreciation of XRP against BTC.

What caused this sudden rotation—was it an unexpected bout of bad Ripple news? Sadly, no.

Cryptocurrencies should trade independently, based on their underlying strengths or weaknesses, but they often do not. The market is heavily distorted by uncertainty, a half-baked regulatory environment, and far too many scams. Which is why you get days.

Bitcoin is facing another mutiny in the coming weeks, but you wouldn’t be able to tell that from its price action. The Bitcoin price forecast appears cool, calm, and collected.

What do I mean by mutiny? Well, some of you are old enough to remember the Bitcoin news in June and July. Remember the minor civil war started by a small group of developers that wanted to upgrade Bitcoin’s source code?

You see, for all its hype as a global digital currency, Bitcoin is incredibly slow at sending money. It takes hours, sometimes days, to complete a transaction.

In order to increase efficiency, some developers offered a solution. But once their peers saw that it involved fundamental.

XRP prices are flirting with $0.24 after another strong trading session on Thursday, heading closer to our Ripple price prediction. This means that Ripple is up 23.87% for the week, including the 5.86% from yesterday.

Ultimately the strength of this week’s trading goes back to marketing. I tip my hat to CEO Brad Garlinghouse and his minions at Ripple because this was truly a PR coup.

Surely, everyone remembers that cryptocurrency prices were in freefall during the latter half of September. It was a bloodbath from which Ripple was not excused. The.

For what seems like the hundredth time in the last month, ETH prices crossed back above $300.00. The random flips between bullish and bearish behavior have stalled the Ethereum price prediction around this level.

It’s tempting to think that yesterday’s uptick came after investors earnestly appraised recent bits of Ethereum news, but that is a dream. All of the top 10 biggest cryptocurrencies were in the green, suggesting that it wasn’t currency-specific forces that pushed ETH above $300.00.

Bitcoin’s ascent to $5,000 was put on hold yesterday as investors priced in harsh comments from Russian authorities. Based on those comments—some of them from President Vladimir Putin himself—it seems as if the Kremlin is turning bearish on cryptocurrencies.

BTC prices weren’t hurt by the regulatory shift, but investors should be wary. This is major Bitcoin news. It could affect our.

On Tuesday, Ripple announced that it had reached an important milestone: 100 financial institutions on its enterprise blockchain. (Source: "Ripple’s Blockchain Network Is Now More Than 100 Strong," Ripple, October 10, 2017.)

Investors celebrated this Ripple news by sending prices up 2.66% against Bitcoin.

However, it should be noted that the Ripple to USD exchange rate only advanced 1.87% to $0.262645. This suggests that existing crypto investors are more excited.

It seems like a lifetime ago when Ethereum founder Vitalik Buterin was in Moscow, wining and dining the Russian elite. He sat on stage next to President Vladimir Putin and forged relationships with government agencies. All seemed well.

That is, until yesterday.

On Tuesday, Putin warned against the growing influence of cryptocurrencies. He cited “opportunities to launder funds acquired through criminal activities, tax evasion, even terrorism financing, as well as the spread of fraud schemes” as his main concerns.

Although BTC slipped 3.74% on Monday, there is more than enough Bitcoin news to reenergize the price.

For example, Goldman Sachs Group Inc (NYSE:GS) is “weighing a new trading operation dedicated to Bitcoin and other digital currencies,” according to an exclusive report in The Wall Street Journal. (Source: "Goldman Sachs Explores a New World: Trading Bitcoin," The Wall Street Journal, October 2, 2017.)

October is here, and with it comes Ripple’s inaugural conference. The conference will take place at the same time and in the same city as the company’s archrival, SWIFT, will host its own annual event.

This may seem like an obscure piece of Ripple news, but I assure you it’s not. By our estimation, it will affect the Ripple price prediction for several weeks (at the very least).

For one thing, ex-Chairman Ben Bernanke is speaking at the conference. He was the head honcho at the Federal Reserve for a long, long time, and his tenure fell right in the middle of the 2008 financial crisis. He is the picture of credibility in financial circles.

As ETH prices oscillated between $290.00 and $306.00 last week, investors seemed immune to some of the more subtle Ethereum news that emerged. If they had paid attention, it seems likely that ETH would have accelerated to our short-term Ethereum price forecast of $400.00.

For instance, a senior official from the Federal Reserve Bank of Boston said the Fed is working on an Ethereum proof-of-concept. No one batted an eye at this announcement, which seems peculiar, to say the least.

The official is Jim Cunha, Senior Vice-President of the Boston Fed. He was giving a speech at a fintech conference in Philadelphia on the subject of “Bitcoin, Blockchain and other Cryptocurrencies.”.

Yesterday, I wrote that Ripple appeared to be stuck around the $0.20 handle and that something extraordinary could help it break free. Well, that event is almost here: SWELL.

SWELL is Ripple’s first annual conference, and though it probably won’t make the front page of The New York Times, it’s definitely front-page Ripple news. It is, for example, a much-debated topic on XRPchat.com, the main place to source Ripple trading.

The entire cryptocurrency market took a dive around 9:00 am (UTC), with Bitcoin leading the downward move. However, LTC prices managed to rebound faster and more sharply than most, adding critical support to the beleaguered currency and our Litecoin price forecast.

At the time of writing, the Litecoin to USD exchange rate is up 0.40% to $52.24. Meanwhile, the Litecoin to Bitcoin exchange rate increased 2.19% to 0.01234840 BTC..

In the last week, XRP prices have crossed the $0.20 handle 12 different times. Half on the way up, half on the way down. Did Ripple news really fluctuate that much day to day? Of course not.

It doesn’t really matter where Ripple prices land on a daily basis. What truly matters is the direction it trends in and the spectrum of its potential. Right now, that spectrum appears to have tightened around $0.20.

But don’t be fooled into thinking that $0.20 is our Ripple price prediction.

This is a temporary lull in Ripple’s growth, most likely caused by a fear-driven.

Remember the Ethereum flash crash in June? It was front-page Ethereum news when it happened. Prices dropped from $365.79 to $0.10 in an instant, then recovered to $300.00 once the technical difficulties were overcome.

Apparently, regulators at the Commodity Futures Trading Commission (CFTC) remember the crash quite clearly, because the agency is investigating what happened with margin trading accounts during the crash.

Does this affect the Ethereum price forecast? Probably not.

There’s a chance margin trading rules could change, in which case ETH prices might take a hit. But U.S..